Deals this week: Parsnip River Bridge, TransCore, Highway 16
The Parsnip River Bridge replacement project in Mackenzie, British Columbia, has become eligible to receive project financing of C$31.6m ($23.6m) from the Canadian and the British Columbia (BC) governments, which will contribute C$13.6m ($10.2m) and C$18m ($13.4) respectively to the project.
The bridge replacement project, which will begin in 2017 and complete by 2019, will replace the existing steel truss bridge constructed in 1950s, improving the safety and capacity on Highway 97 North.
The New York City’s Metropolitan Transportation Authority (MTA) has appointed TransCore to install All-Electronic Tolling (AET) systems at nine bridges including Henry Hudson Bridge, Hugh L. Carey Tunnel, Queens Midtown Tunnel, Cross Bay Veterans Memorial Bridge, Marine Parkway-Gil, Hodges Memorial Bridge, Robert F. Kennedy Bridge, Verrazano-Narrows Bridge, Throgs Neck Bridge and Bronx-Whitestone Bridge in the country.
Transcore will install Infinity Digital Lane System, which will integrate automatic vehicle identification, vehicle classification, and video capture and recognition systems on all the nine bridges by November 2017.
A 3.4km stretch of the Highway 16 in British Columbia, Canada, will be expanded from two lanes to four lanes using a C$24m ($17.9m) funding announced by Canadian and British Columbia (BC) governments.
The expansion takes place between Bunce Road and east of Jensen Road and includes addition of new sidewalks, lighting system improvement and installation of traffic signals, besides lane upgradation.
The project will reduce congestion and improve traveller safety on the highway.